Brooklyn Public Library's PowerUP! Returns
Malika L. Granville, Marketing & Communications Associate
Brooklyn Public Library
FOR IMMEDIATE RELEASE
BROOKLYN PUBLIC LIBRARY’S BUSINESS LIBRARY LAUNCHES
BUSINESS PLAN COMPETITION FOR ENTREPRENEURS
(Brooklyn, NY) January 27, 2009 - Brooklyn Public Library’s (BPL) Business Library in conjunction with sponsor Citi Foundation launches “PowerUP: Your Business Starts Here,” the sixth annual business plan competition for Brooklyn-based entrepreneurs with cash prizes totaling $25,000.
The first place winner of the Business Library competition will receive $15,000 with two runners-up each receiving $5,000. In addition, winners will receive business services worth thousands of dollars.
The competition connects entrepreneurs with the information they need to write a business plan, from market trends and demographics to bookkeeping principles and sample plans. Additionally the Business Library partners with local business assistance providers to introduce contestants to the array of free services available to help them succeed.
The competition is open to entrepreneurs who are starting businesses in Brooklyn. All entrants will receive instruction in how to write a business plan, a marketing plan and financial statements, as well as make a presentation. In order to be eligible to apply, Brooklyn residents, 18 years and older, who are either U.S. citizens or U.S. permanent residents, must attend one PowerUP! orientation session at one of the following locations and times:
Business Library at 280 Cadman Plaza West
Tuesday, March 31, 6:00-7:30 pm
Tuesday, April 14, 6:00-7:30 pm
Thursday, April 23, 9:00-10:30 am
Tuesday, April 28, 6:00-7:30 pm
Bushwick Library at 340 Bushwick Avenue
Monday, April 6, 6:00-7:30 pm
Midwood Library at 975 East 16th Street
Monday, April 27, 2009 6:00 pm-7:30 pm at Midwood Library
Register at biz.brooklynpubliclibrary.org or call 718.623.7000 and select option 4.
After attending an orientation session, applicants have until May 1, 2009, to submit an application for consideration. After meeting eligibility criteria, applicants will attend at least two classes during the months of May and June on business plan writing, marketing, budgeting and making a presentation. They will then be required to submit their business plan by September 14, 2009. A panel of judges will review the plans and choose finalists who will continue to the last stage of the competition when each finalist will be required to make a presentation of his or her business plan.
Citi Foundation is BPL’s Business Library corporate sponsor of educational programs and has been an annual supporter of the Business Library since 2000.
The Business Library supports the needs of businesses and individuals by providing free access to business and investment resources. It is centrally located in downtown Brooklyn, the heart of Brooklyn's business and civic life, and provides up-to-date business information to small business owners, investors, employees, students and entrepreneurs. Visit the Business Library online at www.bklynlibrary.org/locations/business.
Brooklyn Public Library (BPL) is an independent library system for the 2.5 million residents of Brooklyn. It is the fifth largest library system in the United States with 60 neighborhood libraries around the borough. BPL offers free programs and services for all ages and stages of life, including a huge selection of books in more than 30 languages, author talks, literacy programs and public computers. BPL’s eResources, such as eBooks and eVideos, catalog information and free homework help, are available to customers of all ages 24 hours a day at our website: www.brooklynpubliclibrary.org.
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Brooklyn Public Library
Brooklyn Public Library is an independent New York City library system serving the borough of Brooklyn. It is the fifth largest in the United States. Its Central Library, Business Library, and 58 neighborhood libraries offer free information, programs and computer access to people of all ages. You can reach the Library's resources of over 70 reference databases, catalog information and news 24 hours a day at www.bklynlibrary.org